Joyvio Food Sells Salmon Subsidiary Australis
Joyvio Food, a subsidiary of Joyvio Group, has sold its entire stake in Australis Seafoods, a Chilean salmon supplier. This divestiture comes as the struggling...
Category : Finance
Armanino Foods of Distinction Names New CEO
U.S. pesto and pasta producer Armanino Foods of Distinction has appointed Deanna Jurgens, a former executive at Bonduelle and Beyond Meat, as its new CEO...
Brownes Dairy in Australia Now Available for Sale
Australia’s Brownes Dairy is currently up for sale, according to confirmation from the restructuring advisory firm appointed to oversee the process. McGrathNicol Restructuring has been...
Lantmännen Raises Investment in SimSuFoodS
Swedish agri-food group Lantmännen has significantly increased its investment in the local company SimSuFoodS, now acquiring a majority shareholding in the food and drink business....
German Bakery Giant Harry-Brot Receives Approval to Acquire Rewe Plant
German bakery group Harry-Brot has received approval from competition officials to acquire a factory from major grocery chain Rewe, marking a significant move in the...
Yoplait Takes Legal Action Against Danone Over Yogurt Imitation Claims
Yoplait is taking legal action against Danone, alleging that the company has replicated its popular Skyr yoghurt range. This product originates from Iceland and is...
Olidor Group Acquires UK Bakery Brand Four Anjels
Food investment company Olidor Group has successfully acquired a majority stake in Four Anjels, a supplier of baked treats. This strategic move underscores Olidor’s commitment...
Lactalis Revenue Surpasses €30 Billion, Yet Profits Take a Hit
Lactalis recently surpassed €30 billion ($34.1 billion) in revenues for the first time, yet the growth rate has waned amidst an “unstable geopolitical and economic...
Prinova Expands Its Portfolio with Acquisition of Brazilian Ingredients Distributor
Based in São Paulo, Aplinova specializes in providing high-quality ingredients for diverse markets, including the food manufacturing sector. Established in 1987, Aplinova has experienced consistent...
International Food Solutions Acquires Food With Care
International Food Solutions (IFS) has acquired Food With Care, a Florida-based provider of home-delivered meals tailored for older consumers. While the financial details of the...